Wave Energy Uncovering Insights and Avoiding Failures This video explores the journey of CorPower Ocean, a deep tech startup that secured funding from top-tier investors. The discussion highlights the importance of strategic fundraising, delaying VC funding to preserve ownership, and learning from past failures in the wave energy sector. What this video coversFor most people, growing up in the calm landscapes of southern Sweden might not trigger dreams of disrupting the global energy system. But Patrik Möller has never been like most people. In a riveting interview, he talks about his journey through building, scaling, and financing CorPower Ocean.CorPower Ocean has secured funding from top-tier investors like NordicNinja VC, Santander Alternative Investments, SEB Greentech, and EIT InnoEnergy.Startups are ultra-marathons, not sprints—structure and patience are critical for success in deep tech.Delaying VC funding until meaningful proof points are reached helps preserve long-term ownership and control.Wave energy, if harnessed effectively, could become the third-largest energy source globally by 2050.CorPower Ocean used a five-stage validation model, inspired by pharma, to de-risk technology development.Early funding was creatively sourced through grants, soft funding, and research programs to avoid early dilution.Building a diverse, international team emerged naturally from prioritizing the best global talent.Past failures in wave energy informed CorPower’s methodical approach, grounded in physics, proof, and resilience. More from the libraryWhy Machine Learning My Journey & CMU ProfessorsRace To The BottomTargeting the Pink Dollar Marketing to an Affluent AudienceControlling Molecules From Tea to Advanced BioreactorsUnconventional Seed Round Modular's Memo StrategyUpromise Staying True to Our Mission for Success Watch on Startup Fundraising · Open on YouTube · More shorts
